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6 - Group Life Insurance Questions & 100%
Correct Answers- Latest Test | Graded A+ |
Passed
Which provision is NOT a requirement in a group life policy?
✓ -:- Accidental
A person who is insured within a group contract will be given a
✓ -:- certificate
A noncontributory group term life plan is characterized by
✓ -:- the entire cost of the plan is paid for by the employer
An employee of 20 years recently retired at age 59 1/2. This employee's group life contract
can be
✓ -:- converted to an individual permanent policy at an individual rate
An employee with $25,000 group term life coverage was recently fired. This employee's
group coverage may be converted to a
✓ -:- $25,000 individual whole life policy
1|Page | Grade A+| 2024/2025
6 - Group Life Insurance Questions & 100%
Correct Answers- Latest Test | Graded A+ |
Passed
Which provision is NOT a requirement in a group life policy?
✓ -:- Accidental
A person who is insured within a group contract will be given a
✓ -:- certificate
A noncontributory group term life plan is characterized by
✓ -:- the entire cost of the plan is paid for by the employer
An employee of 20 years recently retired at age 59 1/2. This employee's group life contract
can be
✓ -:- converted to an individual permanent policy at an individual rate
An employee with $25,000 group term life coverage was recently fired. This employee's
group coverage may be converted to a
✓ -:- $25,000 individual whole life policy
1|Page | Grade A+| 2024/2025
